Unsaturated Polyester Resin Market to Expand at CAGR of 7.5%, to Reach US$10.48 Billion by 2019

Transparency Market Research has published a new report analyzing the global unsaturated polyester resin market, titled ‘Unsaturated Polyester Resin Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019’. The report estimates that rising demand from the construction industry will enable the unsaturated polyester resin market to improve upon its 2012 valuation, US$6.54 billion, to reach a market value of US$10.48 billion by 2019, at a CAGR of 7.5%.

Unsaturated polyester resin has various applications in the construction industry. The market suffered as a result of the 2008 recession, but the post-recession boom for the construction industry is expected to aid the unsaturated polyester resin market during the report’s forecast period.

Get Sample PDF file of Unsaturated Polyester Resin Industry: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=857

The report looks into the global unsaturated polyester resin market according to product type, end-use application, and geographical distribution. The markets for four types of unsaturated polyester resin are analyzed: orthopthalic, isopthalic, DCPD resins, and other types such as vinyl ester resins. Of these, orthopthalic resins account for 35% of the market. They are growingly in demand from the construction industry, which will help maintain their dominant share in the unsaturated polyester resin market. The marine and transportation industries are also expected to become major consumers of orthopthalic polyester resin.

Unsurprisingly, the construction industry has the highest demand for unsaturated polyester resin, taking up 25% of the global market. The rapid expansion of the construction industry in developing economies such as the BRIC countries as well as numerous South Asian countries is expected to help maintain the construction industry’s dominant market share in unsaturated polyester resin. Tanks and pipes are the other dominant application of unsaturated polyester resin; this industry is expected to expand along with the construction industry. Other applications of unsaturated polyester resin include the transportation, marine, and artificial stone industries, and other industries such as aerospace and wind energy.

Browse Market Research Report with TOC & Free Analysis: http://www.transparencymarketresearch.com/unsaturated-polyester-resin.html

Among the four regional subdivisions of the unsaturated polyester resin market, Asia Pacific is expected to add to its 2012 market share of 50%. The booming construction industry in developing economies such as China and India will prop up the unsaturated polyester resin market in Asia Pacific. This is also true of the Rest of World category, thanks to developing economies such as the Gulf countries and Brazil. The North American market is expected to remain steady, while increasing environmental regulations will restrict the market in Europe.

Along with the consistently increasing demand from developing economies, the increasing market for fiberglass is also expected to be a major opportunity in the global unsaturated polyester resin market, while the expected increase in environmental regulations will be the major restraint, along with fluctuating prices of raw materials.

The report covers multinational unsaturated polyester resin giants such as BASF SE, CCP Composites, Ashland Inc., Tianhe Resin Co. Ltd., etc. Multinational corporations such as these control virtually the entire unsaturated polyester resin market.

Oil and Gas Pipeline Leak Detection Equipment Market Driven by Stringent Government Regulations

Although renewable resources of energy have gained substantial popularity in the recent past, there is no foreseeable limitation to the escalating demand for oil and gas, with the growing population and rapid urbanization. Consequently, the demand in the global market for oil and gas pipeline leak detection equipment is projected for a robust CAGR of 6.8% during the forecast period of 2016 to 2024, according to a recent report by Transparency Market Research (TMR). As per the estimations of the TMR report, the global oil and gas pipeline leak detection equipment market will be worth US$3.65 bn by the end of 2024, significantly up from its evaluated valuation of US$2.02 bn in 2015. Some of the key factors augmenting the demand in the oil and gas pipeline leak detection equipment market are: development and expansion of existing pipelines and construction of new pipelines, increasing incidents of oil and gas leakages in pipeline and storage tanks at production facilities, and

Welding Products Market Growth in Wind Power Sector to Create Opportunities, TMR

The global welding products market is moderately fragmented with the key players such as Lincoln Electric, ESAB, and ITW leading in the market. These three players accounted for a collective share of 30% in 2013, states a new report by Transparency Market Research (TMR). This market is capital intensive and thus, local vendors find it difficult to compete with the larger players. Local players are unable to compete with large players on the basis of quality, services, functionalities, and features. Thus, these small players are entering into the market by introducing products that are low in price. Some of the players operating in the welding products market are: Voestalpine AG, Sonics & Materials Inc., Fronius International GmbH, Rofin-Sinar Technologies Inc., Arcon Welding, Bohler, Panasonic, Daihen Corp, and OBARA Co. In order to increase their production capacities and focus on innovations, companies are adopting the strategy of merging or acquiring other players. Acco

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @ http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

Market Research Reports

Search This Blog